Any individual or company making a bona fide donation to a registered PBO can qualify for a tax deduction – provided the PBO is able to issue a Section 18A certificate to the donor.
A bona fide donation is a voluntary, gratuitous gift given out of generosity, without reciprocal obligations or personal benefit for the donor. The donor may also not impose conditions that could enable them to derive some direct or indirect benefit from the donation.
With donor companies, an excess donation may be rolled over as a deductible donation in the subsequent year of tax assessment.
A signed 18A Receipt will be issued to donors upon making a donation to Sekwanele National Empowerment Fund for Abused Women and Children.